TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Down 39.4% in September

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 18,300 shares, a decline of 39.4% from the August 31st total of 30,200 shares. Based on an average trading volume of 576,400 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 576,400 shares, the days-to-cover ratio is presently 0.0 days.

TMC the metals Price Performance

Shares of NASDAQ TMCWW opened at $1.33 on Friday. TMC the metals has a 1 year low of $0.05 and a 1 year high of $2.29. The stock’s 50-day simple moving average is $0.99 and its 200-day simple moving average is $0.96.

About TMC the metals

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.